
How Covid-19 Changed the Property Market in Bromley and the South-East (1min)
By The Edward Ashdale Team on 17th Jun 2020,According to a BBC report based on data from a property portal the Covid-19 induced lockdown is changing people’s priorities with property. We have seen lots of trends alter, when buying or renting a new home.Indoor and outdoor space has always...

The shortage of properties in the UK
By The Edward Ashdale Team on 5th Apr 2018,The shortage of properties in the UK has always been a major topic, however local authorities consistently refuse permission for new developments, yet claim they are doing the opposite. The reality is the need for AFFORDABLE housing is the real...

How catchments can affect the price of your house
By The Edward Ashdale Team on 5th Dec 2017,Catchment areas have always affected the price of your home as the cost of private schools in comparison, have meant affording a more expensive home, especially with interest rates so low, is cheaper than buying in another area and opting for private...

Will I be able to afford a property in London in the next 5 years?
By The Edward Ashdale Team on 1st Nov 2017,It’s possible the outer areas seemingly better value will see London property values slide even further, how far who knows. Only recently we heard for the first time in the press it is no longer “Location, Location, Location” as it has been for...

Stamp Duty - Residential Property Rates
By The Edward Ashdale Team on 12th Oct 2017,Stamp Duty has now become an excellent tax collector for the government and the additional 3% rate for second homes has certainly slowed down the investment market. To add to that, the new tax laws regarding rental income and offsetting interest...

What should I look for in a property?
By The Edward Ashdale Team on 13th Sep 2017,A question asked by the many and answered by very few. It's hard, especially as a first-time buyer, to understand the best way to invest in a property. When buying a property there's a whole host of different personal factors to be...

Is now the time to buy property?
By The Edward Ashdale Team on 4th Sep 2017,If you're someone who likes to educate themselves on the economics of our country and more specifically, property, then you'll most certainly be aware of Brexit. In fact, if you haven't heard of Brexit it's likely you've been...

Micro flats in Croydon, Sutton and Epsom for sale for £235k
By The Edward Ashdale Team on 25th May 2017,Micro flats could be the solution to owning a cheaper home. With only around 400 square feet of space, the micro flat packs all the commodities of a house into a tiny space. There are no hallways and each room just overlaps onto the next one.Several...

Prices going nowhere as pace of housing inflation slows to four-year low
By The Edward Ashdale Team on 23rd May 2017,The amount of time that the housing market has continued to grow is leaving many people unable to purchase or stay in their homes. The price of homes finally caught a break last month when the market went down a measurable amount for the first time...

Housing Watch: Isn’t house purchase a right, not a privilege?
By The Edward Ashdale Team on 22nd May 2017,The current housing market continues to rise whilst wages are struggling to match. This creates a problem by making it difficult for the 18-34 year old generation to buy a house. Currently, deposits for homes range from 32,000 pounds and as you work...

Over 200,000 long-term empty homes in England - and not only in London
By The Edward Ashdale Team on 16th May 2017,Long term unoccupied homes in England now top a whopping 200,000 plus. A scarcity of new homes for sale has seen housing prices rise at a time when wages struggle to keep up. This is leading to a steadily increasing number of empty homes.It is...

Number of homes put up for sale at lowest level since 1978
By The Edward Ashdale Team on 15th May 2017,The current lack of homes for sale in the UK is a major contributing factor as to why the cost of buying a new home is on the rise. Experts are in agreement that the number of homes that will be on the market this year will be so low that we can...

How to live the London life without the price tag? Move to Kent's Medway towns
By The Edward Ashdale Team on 12th May 2017,For a long time, Britain’s Medway towns, for those that had never visited them, were dismissed as unsavory places to live due to their low house prices – but over the course of the last five years, this has changed with house prices doubling in...

Rightmove reports another record high for asking prices
By The Edward Ashdale Team on 9th May 2017,The recent surge of home buyer activity has left the current housing market with the bare bones of properties. This lack of available properties is driving the prices of those homes available for sale further up.The market has absolutely shifted to a...

London house prices: average asking prices fall at biggest rate in 8 years
By The Edward Ashdale Team on 5th May 2017,As you well know London's housing market is always on the move. The past few years have seen considerable price movements for both buyer and sellers and the following article in London's Evening Standard makes for interesting reading. The...

Rental growth halves in first year after Stamp Duty changes
By The Edward Ashdale Team on 3rd May 2017,The newly imposed Stamp Duty rise was a major contributing factor to the falling rental growth in England over the past year according to the latest research. The new tax rise has made the cost of renting remain pretty much static over the...

Stamp duty and mortgage problems scupper 1.2m sales
By The Edward Ashdale Team on 2nd May 2017,Stamp duty costs and mortgage problems are being blamed for over a million people giving up on buying a home. In addition, the lack of suitable homes on the market has meant that 25% of potential buyers have given up looking for now. Key...

Land Registry figures: prices strong but transactions slump
By The Edward Ashdale Team on 27th Apr 2017,If you live in the UK (primarily Wales or London) then we've got some good and bad news for you. The good news is that, according to the land registry data, your home is probably worth more today than it was in 2016. The bad news is that...

How to avoid leaving your property vulnerable while you're on holiday
By The Edward Ashdale Team on 26th Apr 2017,House-sitting is an increasingly growing way many people are using in order to leave their place of residence without it being vulnerable to theft, long term-damage from housing problems, and to have pets taken care of.This peace of mind from the...

Snapshot of U.K. BTL market by postcode
By The Edward Ashdale Team on 19th Apr 2017,For those seeking to invest in the buy to let business in the UK, it is helpful to know which regions show the most promise. One online property leasing business, The Lendinvest BTL, notes critical lending market criteria, on a quarterly basis. Areas...

More choice added to mortgage deals for UK home borrowers
By The Edward Ashdale Team on 18th Apr 2017,British, commercial lender, TSB Bank has whittled interest rates down, making them far more attractive to home-buyers. Various retooled deals include fixed two and five year rates for second, and more time around, mortgage-seekers.There’s also a...

Buying conditions better for second steppers in UK but they don’t think it is
By The Edward Ashdale Team on 17th Apr 2017,Second steppers are a class of home-buyers who have previously owned a first home and are looking to buy a new home and move up the ladder. The current market in the UK for second steppers actually appears quite promising. However, these buyers feel...

House prices go potty!
By The Edward Ashdale Team on 13th Apr 2017,Prices in the housing market continue to fall even in the quaintest of neighbourhoods in the UK. Towns such as Helmsley, Ryedale and others in West London are seeing the most major changes with rates of 0.4% in the past 12 months. It has little to do...

New Rules hit BTL Lending in 2016
By The Edward Ashdale Team on 12th Apr 2017,Recently published statistics suggest that higher property prices and a raised bar, regarding lender’s view of rental calculations and other criterion, resulted in overall higher deposits made in 2016 for buy to let mortgages, by owners and...

UK rents expected to rise faster than house prices in next five years
By The Edward Ashdale Team on 11th Apr 2017,In the next five years, price of renting property in the UK is expected to rise by 25 percent, while property values are set to only increase by 20 percent. The number of prospective tenants is expected to rise with less properties available...

The Rental Property Myths Landlords should know about
By The Edward Ashdale Team on 10th Apr 2017,Perhaps you’ve considered buying properties for rental purposes, but held yourself back due to some very common misconceptions about being a landlord. One assumption, requiring debunking, is that by and large tenants are rude, slobs. To that end,...

Do you need a credit check to find out whether you can remortgage?
By The Edward Ashdale Team on 27th Mar 2017,Are you thinking of refinancing your house, car or boat? Concerned about your credit rating and wonder if you would be approved? It’s a great idea to have a conversation with a current lender, about your prospects for another loan might be in your...

When the roof over your head doubles as your garden
By The Edward Ashdale Team on 24th Mar 2017,A recent trend in the UK is seeing one company building new homes with roof gardens. These homes are completely customizable, with a variety of options for whatever your tastes are. These trendy dwellings come with several low maintenance appeals,...

House prices cool as Halifax warns 2017 will see a slowdown.
By The Edward Ashdale Team on 23rd Mar 2017,The housing market in the UK has gradually reached a slow period over the course of recent months, showing sure signs that it will continue to decline. The average price of a home in the UK is currently at £220,260. This is all due to the economy....

Rent rises inevitable as more tenants still chasing fewer homes to rent in UK
By The Edward Ashdale Team on 22nd Mar 2017,The rental market in 2016 in the UK continues to rise with an imbalance in rental prices and the amount of properties available. This has been an ongoing problem for some time now according to ARLA Propertymark organization. Prospective renters see...

Top tips for first-time buyers
By The Edward Ashdale Team on 21st Mar 2017,There may be many steps you will have to go through in order to buy your first home. Do not let it be a daunting task. A few simple tips can help you get started and ensure a smooth process up till buying. First you will need to set aside some money...

Kent Reliance cuts buy-to-let rates to include record 2.99% loan
By The Edward Ashdale Team on 20th Mar 2017,Influenced by tax rate changes, the ever-expanding landlord market, and rate cuts, Kent Reliance is offering various loan products to its customers. Some of the rates are at their lowest and apply to the two and three-year loan categories. Examples...

Your tenants could be about to lose their housing benefit
By The Edward Ashdale Team on 17th Mar 2017,New regulations going into effect April first of this year will restrict the Universal credit 18-21 year olds receive for housing costs. The move is aimed at alleviating the cost to taxpayers by keeping young people who can live at home, staying at...

Economist warns Government assault on buy-to-let could result in 30% rent rises
By The Edward Ashdale Team on 16th Mar 2017,House-price linked mortgages can help more buyers, especially young people, onto the property ladder according to the below article. Banks have made mortgages available to keep financial institutions solvent. David Miles, a professor of financial...

Households in UK confident about housing market outlook, latest survey shows
By The Edward Ashdale Team on 10th Mar 2017,Want to buy a home in Bromley anytime soon? Need to upgrade from where you live now? Well, it seems that the housing market is on your side now. According to the house price sentiment index (HPSI) housing values are on the rise and will continue...

What the wear and tear allowance means for landlords and property maintenance
By The Edward Ashdale Team on 9th Mar 2017,Are you a landlord in Bromley, Beckenham, Dulwich and surrounding areas? Do you sublet? Surely you have considered the affect of reporting income from your property. If you are even considering investing in management property you really should know...

10 cheap ways to improve your Bromley rental property
By The Edward Ashdale Team on 8th Mar 2017,How is your "buy-to-let" investment in Bromley doing? Whether you have only one or rent several, you have an obligation of up-keep. There are two good reasons: if you decide to sell you want the best value, and if you want good tenants they need to...

5 considerations before buying an investment property
By The Edward Ashdale Team on 7th Mar 2017,Property investment can be a good source of income but it can be costly if not done right. You have to consider certain factors before buying the property in order to make it work. There are five important considerations you need to think about...

Flats for Sale in Bromley
By The Edward Ashdale Team on 6th Mar 2017,Amid the green space of London’s Greater Bromley District, urban professionals and young families are finding Bromley an affordable option to the high prices of homes in London’s centre. The “small town” suburban lifestyle mixes the amenities...

Which way for mortgage rates in 2017?
By The Edward Ashdale Team on 3rd Mar 2017,If you are considering buying a property in Bromley and surrounding areas in the near future, then the following article is a definite must read. The improving UK economy, inflation and other factors point at rising mortgage interest rates in...

London house prices see biggest annual fall for six years
By The Edward Ashdale Team on 28th Feb 2017,It's important when selling a house that you take into consideration what the market is doing. London housing faces a situation where prices have seen their biggest decrease for six years. In the inner boroughs, including Kensington and Chelsea,...

Houses for Sale in Beckenham BR3
By The Edward Ashdale Team on 28th Feb 2017,Are you looking for an ample Victorian or Edwardian-era home on a tree-lined avenue; an attractive semi-detached or terraced house tucked away on quaint side street convenient to great schools; or a classic 1920’s flat close to your commute and...

Asking price growth slows to lowest rate in four years as housing market cools
By The Edward Ashdale Team on 27th Feb 2017,Are you in the market to buy or sell your Bromley home? Asking price growth has slowed to 2.3pc, the lowest since April of 2013. According to RightMove, many sellers are more willing to walk away from properties that are overpriced. Whilst Which?...

Research reveals owners still largely over estimate how much their home is worth
By The Edward Ashdale Team on 24th Feb 2017,Do you know what your home is worth? Many homeowners in England and Wales still overvalue their property by an average of 6.8%. This is a reduction from previous years, however it continues to be a problem across the UK.Those in Greater London more...

Supply shortage hitting sales and lettings and may worsen
By The Edward Ashdale Team on 23rd Feb 2017,Are you looking to rent or buy in the future? It may be harder than it used to be as a result of a supply shortage according to a recent RICS survey.Shortages are occurring not only in residential sales but also in the lettings market. Do you feel...

The latest Bromley house prices revealed
By The Edward Ashdale Team on 23rd Jan 2017,At Edward Ashdale, we know that your home is also an important investment. As Bromley house prices fluctuate in this uncertain economy, we’re here to help you negotiate the best deal for your home. Bromley House Prices On The RiseCurrent asking...

The houses for sale in Bromley that are great buying opportunities
By The Edward Ashdale Team on 10th Jan 2017,Situated along the A21 road between London and Hastings, Bromley is but a quick rail service away from central London. It makes the area ideal for commuters, but there’s more to it than that. Bromley also makes the list of the top ten safest...

Looking for a 3 bedroom house in Bromley? Check out these options.
By The Edward Ashdale Team on 9th Jan 2017,Once home to such notables as H. G. Wells, Charles Darwin, Pitt the Elder, and David Bowie; Bromley attracts attention from savvy buyers looking for the leafy charms of a suburban village. It is recognized as one of the happiest places to live in...